Question 8 (15 points) Consider a Solow model type economy. This economy use 2 inputs, capital (K) and labour (L), to produce final products, and is currently at its steady state. Both capital share of output and labour share of output are equal to 0.5. The value of the technology (A) is 25 and will remain unchanged because the economy does not experience any technological progress. The depreciation rate and the population growth rate are 15% and 10% respectively. a) Compute the values of capital-labour ratio, consumption per worker, and depreciation per worker in steady state if the saving rate is 20%. (5 points) b) Compute the golden rule level of capital-labour ratio, consumption per worker and the saving rate that reached the golden rule. (5 points) c) Does it pay for this economy to get to the golden rule steady state? Explain. (5 points)